Trading Suspension Continues for Trust Investment Bank and Safa Textiles

Karachi: The Pakistan Stock Exchange (PSX) has announced the continued suspension of trading in the shares of Trust Investment Bank Limited and Safa Textiles Limited, effective from January 25, 2026. This decision follows the companies' failure to address the reasons for their initial trading suspensions, as outlined in PSX Notice No. PSX/N-1271 dated November 25, 2025.

According to information available from the Pakistan Stock Exchange (PSX), Trust Investment Bank Limited is in violation of multiple regulations. The company has not held its Annual General Meetings, submitted its Annual Audited Financial Statements, or paid its dues to the exchange. Furthermore, the Securities and Exchange Commission of Pakistan (SECP) has canceled its Investment Finance Services (IFS) license and ordered the initiation of winding-up proceedings against the company.

Similarly, Safa Textiles Limited has breached regulations by failing to hold Annual General Meetings, submit its Annual Audited Financial Statements, and pay its dues to the PSX.

The PSX has decided to maintain the suspension of trading in the shares of both companies until the respective issues are resolved, or for an additional period of 60 days, whichever comes first. This decision has been taken under the authority granted to the exchange by Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.

The market has taken note of these developments, which are a continuation of the previously-issued PSX notice.